In 2023, Germany showed the highest value in European Frozen, Gutted and Headed Atlantic Cod production at 5.12 thousand Euros per metric ton, representing a significant year-on-year increase of 12.55%. Spain followed with an increase of 7.69%. Conversely, countries like Norway and Portugal experienced a decline in their values at -1.4% and -5.6%, respectively. Iceland saw the biggest drop at -11.33%. Historically, these fluctuations portray diverse market dynamics over the years.
Future trends to watch include:
- Increased demand for sustainable fishing practices influencing production and pricing.
- Market volatility due to environmental changes and regulatory policies.
- Technological advancements in fishing and processing methods potentially altering cost structures.
Top countries in Frozen, Gutted and Headed Atlantic Cod Production in Capture Fisheries by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,120 | 2023 | +12.07% | +12.55% | View data |
| 2 | 2 Spain | 4,730 | 2023 | +11.79% | +7.69% | View data |
| 3 | 3 Norway | 3,240 | 2023 | +0.44% | -1.4% | View data |
| 4 | 4 Portugal | 2,650 | 2023 | -0.23% | -5.6% | View data |
| 5 | 5 Netherlands | 807.69 | 2022 | View data | ||
| 6 | 6 Iceland | 748.87 | 2023 | -6.11% | -11.33% | View data |
